Pangolin adds a formal partnership with Teddy Cash, a decentralized borrowing protocol
Pangolin is excited to announce a formal partnership with Teddy Cash. Teddy Cash is a fork of the Liquity protocol for the Avalanche C-Chain subnet. Teddy Cash follows Liquity’s vision of a completely decentralized borrowing protocol with interest-free loans, high capital efficiency, and a censorship-resistant stable coin (TSD or TEDDY Stable Dollar).
The Teddy Cash team has built an excellent platform and buzzing community. The protocol has grown tremendously over the past few weeks in terms of TVL and volume on Pangolin. Pangolin sees the TSD (Teddy Stable Dollar) as a key building block and “money lego” for the future of Avalanche DeFi. Pangolin has added farms for AVAX-TEDDY and AVAX-TSD to support liquidity and trading of these pairs.
“Teddy Cash wants to keep innovating and growing through exciting partnerships in the Avalanche ecosystem, and this one’s very special. Not only the first DEX on Avalanche but also one of the biggest, Pangolin thrives on innovation and inspired us to become builders ourselves! We can’t wait to begin working with their fantastic team and build a long-lasting partnership.”
— Leon, Teddy Cash Team
About Teddy Cash
Teddy Cash is a decentralized borrowing protocol with interest-free loans on Avalanche. The Teddy Cash is powered by high capital efficiency, and a censorship-resistant stable coin (TSD or TEDDY Stable Dollar).
About Pangolin Exchange
Pangolin Exchange is a top decentralized exchange (DEX) on the Avalanche Network that provides the best DEX experience through deep liquidity, easy swaps, advanced tooling, and smooth onboarding. Pangolin brings you the best trading opportunities to find and maximize your yield.